Europe debt crisis

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Spain gets a short term fix in euro bailout

Jun 11, 2012
European leaders agreed to bail out Spain's banks to the tune of $125 billion over the weekend. Spanish banks were hemorrhaging cash ahead of this weekend's crucial election in Greece -- that could lead to a Greek exit from the euro.
Posted In: spain, Europe debt crisis, bank bailout

Spain avoids government bailout with bank rescue

Jun 11, 2012
Wounded banks in Spain will now be able to draw up to $125 billion in money from the EU. Spanish Prime Minister Mariano Rajoy credited government reforms with limiting the scope of the financial crisis to the banking system.
Posted In: spain, Europe debt crisis, bank bailout

Spain's bailout: Good idea or moral hazard?

Jun 11, 2012
Now that Spain has received a favorable bailout deal, will other countries in Europe expect the same?
Posted In: bank bailout, Europe debt crisis, spain, Greece

Will Greece return to the drachma?

Jun 8, 2012
Greece continues to struggle through a debt and banking crisis and rumors of a 'Grexit' abound. If the country does leave the euro, how will it roll out the drachma, and what are the costs?
Posted In: Greece, Europe debt crisis, euro, currency

Spain asks for bailout, Fed sets new banking buffer

Jun 8, 2012
One of the big rain clouds hanging over markets this morning is coming from Spain. There are reports that the Spanish government could ask Europe to bailout its banks this weekend.
Posted In: spain, Europe debt crisis, Federal Reserve

Obama urges action on Euro crisis, jobs bill

Jun 8, 2012
Today President Obama urged Europe's leaders to act quickly to solve their economic crisis. On the domestic front, the president asked Congress to reevaluate the jobs bill he delivered to the Capitol last year.
Posted In: Barack Obama, spain, Europe debt crisis, Jobs bill

Obama calls on Congress to act on jobs bill

Jun 8, 2012
Today at a White house press conference, President Obama warned the American public of the banking crisis in Europe and the stalled congressional action on jobs legislation.
Posted In: Jobs bill, Europe debt crisis, Barack Obama

What's up, Europe? Germans care... about soccer

Jun 8, 2012
What's the mood like in Germany right now? It's a case of soccer fever as the European Championships kick off. But are Germans in denial about the eurozone crisis?
Posted In: Europe debt crisis, Germany, Whats up Europe

Uncertainty lingers in Spain after bond auction

Jun 7, 2012
Spain raised $2.6 billion in a bond sale this morning, but the higher interest rate of 6.1 percent shows that investors are still concerned that Spain has not wiped their hands clean of the financial mess just yet.
Posted In: spain, bonds, interest rates, Europe debt crisis

Market hope hangs on Bernanke

Jun 7, 2012
All eyes are on Federal Reserve Chairman Ben Bernanke today as he testifies today on Capitol Hill and announces his plans for interest rates and quantitative easing.
Posted In: Federal Reserve, interest rates, Europe debt crisis, Ben Bernanke

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